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Debt Will Reach Unsustainable Levels Over the Next Decade

Created on October 16, 2012

Debt Will Reach Unsustainable Levels Over the Next Decade

Federal Spending by the Numbers 2012

heritage.org

Historical Average (1959–2008): 36.6%

Publicly Held Debt as a Percentage of GDP

Sources: Office of Management and Budget, Budget of the U.S. Government, FY 2013: Historical Tables, Table 7.1, February 2012, http://www.whitehouse.gov/omb/budget/Historicals (accessed August 8, 2012), and Congressional Budget Office, An Update to the Budget and Economic Outlook: Fiscal Years 2012 to 2022, Alternative Fiscal Scenario, August 22, 2012, http://cbo.gov/publication/43543 (accessed August 23, 2012).